https://www.taxtmi.com/caselaws?id=126277 Waiver of pre-deposit and stay of recovery may be granted where the appellant demonstrates a prima facie arguable case and severe financial hardship. The demand on capital goods was treated as prima facie covered by an earlier Tribunal decision relied on by the appellant, and the Debts Recovery Tribunal record showed that the unit had already been proceeded against by a bank with directions affecting its movable and immovable assets. On that basis, severe financial hardship was found to be established, and pre-deposit was waived with recovery stayed pending disposal of the appeal. en-us Tue, 24 Mar 2009 00:00:00 +0530 Mon, 05 Nov 2012 11:24:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126277 Waiver of pre-deposit and stay of recovery may be granted where the appellant demonstrates a prima facie arguable case and severe financial hardship. The demand on capital goods was treated as prima facie covered by an earlier Tribunal decision relied on by the appellant, and the Debts Recovery Tribunal record showed that the unit had already been proceeded against by a bank with directions affecting its movable and immovable assets. On that basis, severe financial hardship was found to be established, and pre-deposit was waived with recovery stayed pending disposal of the appeal. Case-Laws Customs Tue, 24 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126277